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Sunday, November 24, 2024

Pontoon Beach home prices rise in November 2017

Realestate2

The median sale price of a home sold in November 2017 in Pontoon Beach rose by $8,000 while total sales decreased by 50%, according to BlockShopper.com.

In November 2017, there were two homes sold, with a median sale price of $93,000 - a 9.4% increase over the $85,000 median sale price for the same period of the previous year. There were four homes sold in Pontoon Beach in November 2016.

The median sales tax in Pontoon Beach for 2017 was $2,040. In 2016, the median sales tax was $2,149. This marks an decrease of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Pontoon Beach to other Madison County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Dorsey20-$118,600$0-
Moro35-40%$105,000$125,000-16%
Mitchell20-$103,000$0-
Godfrey25238.7%$95,000$132,000-28%
Rosewood Heights7475%$94,500$98,500-4.1%
Pontoon Beach24-50%$93,000$85,0009.4%
Marine12-50%$70,000$111,550-37.2%
Wood River161323.1%$66,700$56,00019.1%
Granite City3548-27.1%$60,000$55,9007.3%
Alton473342.4%$60,000$44,50034.8%
Livingston12-50%$50,000$54,862.50-8.9%

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